The Reserve Bank of India (RBI) has enhanced the collateral-free loan limit for farmers from Rs 1.6 lakh to Rs 2 lakh, effective January 1, 2025, a move aimed at supporting small and marginal farmers amid rising input costs.
The new directive instructs banks nationwide to waive collateral and margin requirements for agricultural and allied activity loans up to Rs 2 lakh per borrower.
According to the agriculture ministry, the decision comes in response to the rising input costs and the need to improve credit accessibility for farmers. "This measure will significantly benefit over 86 per cent of farmers who are small and marginal landholders," the statement said.
Banks have been instructed to implement the guidelines swiftly and ensure widespread awareness about the new loan provisions.
The move is expected to facilitate easier access to Kisan Credit Card (KCC) loans and complement the government's Modified Interest Subvention Scheme, which offers loans up to Rs 3 lakh at a 4 per ce

RBI, Reserve Bank of India

The Bengaluru police arrested Nikita Singhania from Gurugram while her mother and brother were arrested from Prayagraj in Uttar Pradesh

Nikita Singhania arrest

Prime Minister Narendra Modi on Saturday proposed 11 resolutions which include upholding existing reservations for marginalised sections but  strongly opposing any religion-based quota.
Replying to a two-day debate in Lok Sabha on the 'Glorious Journey of 75 Years of  the Constitution of India', Modi said the Constituent Assembly had decided against religion-based reservations after a thorough discussion, and alleged the Congress is now promising it to appease its vote bank.
The 11 resolutions proposed by Modi towards the end of his over 110-minute speech also included a call for an end to dynastic politics, promoting meritocracy over nepotism in governance and a pledge for having zero tolerance to corruption.
The prime minister said these resolutions are aimed at shaping India's future.
But Congress leader Priyanka Gandhi Vadra and Samajwadi Party leader Akhilesh Yadav termed the 11 resolutions "hollow and fake promises."
"Today, we heard resolution of 11 'jumlas'. Doubling the .

Modi, Narendra Modi

Commerce and Industry Minister Piyush Goyal on Thursday expressed confidence that India's economic growth by end of this fiscal will be back on track despite global uncertainties.
He said that this year also India will be the world's fastest growing economy.
"We had an election in the first quarter and during the election, obviously policy making and decisions on next steps of growth or infrastructure spending does slow down and there is a lag effect.
"But from what the initial numbers for this quarter, the third quarter show, the festive spending, the rebound in rural growth, the way banks are now seeing traction back again, the way infrastructure spending has come back on track, I think by the time we close the year in March, we will be back on track," Goyal said at Times Network's India Economic Conclave here.
The minister was replying to a question whether the 5.4 per cent GDP growth in the July-September quarter of this fiscal worries him.
The latest government data showed ..

Piyush Goyal

After 9 draws in 13 games, Gukesh capitalised on an error by Ding and won the final game of the 14-game contest to be crowned champion.

D Gukesh, Gukesh

As the team's principal partner, Lauritz Knudsen's logo will feature prominently on the front of the MI's official jersey and training gear starting in the Indian Premier League (IPL) 2025 season.

Mahela Jayawardene, Head Coach, Mumbai Indians along with Lauritz Knudsen leadership unveils the logo that will feature on Mumbai Indians jersey

A Bangladesh delegation is likely to attend the Vijay Diwas celebrations in Kolkata on December 16, which marks the Indian Armed Forces' historic victory over Pakistan in the 1971 war, Defence sources said on Thursday.
'Mukti Jodhas' may also take part in the celebrations, they said.
A Bangladesh delegation, comprising 'Mukti Jodhas', who were part of the guerrilla resistance force in East Pakistan opposing the Pakistan rule there, and serving officers of the Bangladesh Armed Forces, attend the Vijay Diwas celebrations held by the Indian Army's Eastern Command every year in Kolkata.
The Defence sources, while saying that a Bangladesh delegation is likely to attend the celebrations on December 16, however, did not give details of the size of the delegation.
The Army's eastern Command, which is headquartered at Fort William here, will hold a series of programmes on Vijay Diwas to mark the historic victory of the Indian Armed Forces in the 1971 war against Pakistan, a senior ...

Prime Minister Narendra Modi in Drass to take part in an event on the 25th anniversary of  Kargil Vijay Diwas	Photo: PTI

Places of Worship Act case: Supreme Court has given the central government four weeks to file its reply to the various pleas

Supreme Court, SC

discussion was held in the presence of BJP National General Secretary and State In-charge Dushyant Kumar Gautam

Pushkar Singh Dhami,Pushkar Singh,Pushkar

South Korea's opposition leader on Sunday urged the Constitutional Court to rule swiftly on a bid to remove President Yoon Suk Yeol from office, a day after parliament voted to impeach him over a short-lived attempt to impose martial law.
Yoon's powers will be suspended until the court rules on the case, either removing Yoon from office or restoring his powers. The court has up to 180 to decide, and if he's dismissed, a national election to choose his successor must be held within 60 days.
Prime Minister Han Duck-soo, the country's No. 2 official, took over presidential powers later Saturday. Han was appointed by Yoon, whose government has struggled to pass legislation in the opposition-controlled parliament.
Lee Jae-myung, the leader of the opposition Democratic Party, told reporters Sunday that a swift ruling is the only way to minimize national chaos.
Lee also proposed the creation of a national council where the government and the National Assembly would work together to stabil

Yoon Suk Yeol, Yoon Suk, South Korea President

President-elect Donald Trump announced Saturday that he's picked longtime foreign policy adviser Richard Grenell to serve as an envoy for special missions, tasking him with helping the incoming administration deal with some of the toughest foreign policy challenges.
Grenell served as ambassador to Germany during Trump's first administration, special presidential envoy for Serbia and Kosovo peace negotiations, and did a stint as acting director of national intelligence.
He was also a contender to serve as secretary of state, but Trump opted to nominate Florida Sen. Marco Rubio.
Ric will work in some of the hottest spots around the World, including Venezuela and North Korea, Trump said in a posting on his social media platform, Truth Social, announcing the appointment.
Grenell during Trump's first term developed a reputation for employing a sometimes contentious approach to diplomacy that rankled allies and the foreign policy establishment in Washington. But his style was appreciated

Richard Grenell

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

Displaying categorized search results for featured-videos

Latest News

In this section

All

CM Dhami meets MPs as BJP prepares for upcoming Municipal polls in U'khand

S Korea's Oppn chief urges top court to act swiftly on Yoon's impeachment

Trump appoints Richard Grenell to serve as special missions' envoy

Most Popular

Read

Shared

Commented

RBI raises collateral-free agricultural loan limit to Rs 2L to aid farmers

Bengaluru techie Atul Subhash's wife, in-laws arrested in suicide case

Zero corruption, no to religion-based quota: PM outlines 11 resolutions

Displaying categorized search results for featured-videos Advance Search